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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter IV - Federal Crop Insurance Corporation, Department of Agriculture |
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Part 400 - General Administrative Regulations |
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Subpart K - Debt Management - Regulations for the 1986 and Succeeding Crop Years |
§ 400.137 - Procedures for salary offset; types of collection.
Latest version.
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§ 400.137 Procedures for salary offset; types of collection.
A debt will be collected in a lump-sum or in installments. Collection will be by lump-sum collection unless the employee is financially unable to pay in one lump-sum, or if the amount of the debt exceeds 15 percent of the disposable pay for an ordinary pay period. In these cases, deduction will be by installments as set forth in § 400.138.
[53 FR 5, Jan. 4, 1988]